Unit 5: Land Description Flashcards
Three most common methods for land description
metes and bounds, rectangular (government) survey, and recorded plat. Legal descriptions describe only the land
_____ and ______ are attached to the land and not listed separately
improvements, appurtenances
____ _____ are informal descriptions that can change and are not considered to be legal descriptions. Some states allow them to be used in real estate contracts.
street addresses
_____: measures in feet, compass degrees
metes
______: shape or boundaries
bounds
“South 85 degrees for 151 feet” is an example of a ____
metes
____ and _____ is the only description that will talk about point of beginning (POB). Uses starting at or commencing at and moves in a set direction
metes and bounds
Metes and bounds measures it in a (clockwise/counterclockwise) direction
clockwise
Starts at the POB but ends in a different point, then it is a(n) ______ metes and bounds
imperfect
this located a parcel of land within a grid system, based on its location with reference to meridians and ranges (which run north-south) and base lines and tiers (which run east-west). What is this
rectangular (government) survey
in a rectangular survey, there are __ townships, and #1 is in the __-___ corner, snaking down until the last number, which is in the ___-___ corner.
36, top-right, bottom-right
A township is _ miles by _ miles and gives you __ sections
6, 6, 36
each section is 640 acres, the township has 36 sections, so the entire township is 640*36 miles
note
___ is a vertical row of townships, a ___ is a horizontal row of townships, each townships contain __ sections
range, tier, 640
1 acre contains _________ square feet
43,560
__ sq ft = 1 square yard
9
there are ______ sq feet in 1 acre
43,560
a township is __ miles by ____ miles and there are __ sections in a township. Each section is __ mile by __ mile
6, 6, 36, 1, 1
1 mile by 1 miles is a section. this is ____ acres
640
square footage measures width times ____
length
cubic feet = ____ x _____ x _____
length x width x height
______: also called a lot, block, subdivision system or the lot and block system
recorded map plat
a plat is a map that is created by ____ and _____
engineers, surveyors
the ___ shows streets and the location and boundaries of individual lots in a subdivision
plat
used to create or confirm legal description
survery
a ____ uses monuments, which are visible markers that establish property boundaries
survey
An ___ ____ ___ (___) or mortgage survey located improvements on the property but is not used to legally establish boundaries. Both will reveal encroachments and zoning violations, such as a setback requirements
improvement location certificate (ILC)
reveals how many feet a property must be behind a street is an example of _____ requirement
seetback
A common expression of area of real estate is sq feet. (large rural parcels use ___
acreage
by tradition, the dimensions are given (frontage/backage) first
frontage
\_\_\_\_ = street frontage \_\_\_\_ = depth of the lot (distance from the front property line to the rear property line)
width, length
a lot 57 feet wide by 108 feet deep would be describe by 57 feet wide by 108 feet deep or simply 57 x 108
note
list or sales price divided by total square feet =
$ per square foot ($psf)
What would be the asking price for this a 70 x 200 ft lot at $3 per square foot plus a $50 premium per front foot?
Area: 70 x 200 = 14,000
Asking Price: 14,000 x $3 = $42,000
$42,000 + (70 front feet X $50) = $45,500 asking price
